6010 South Kingshighway Boulevard
$2,700,000
—
30,000
30,000
$90
Description
Opportunity to acquire this 25-unit turnkey property located at 6010-6020 South Kingshighway Boulevard in the Princeton Heights neighborhood of South City, St. Louis. Beautiful Art-Deco building constructed in 1940 and fully-renovated in 2013, the Property features a mix of studio, one, two, and three bedroom units. Located in a submarket with historically phenomenal occupancy, allowing investors to acquire a well-performing asset with the opportunity to push rents through further upgrades during...Opportunity to acquire this 25-unit turnkey property located at 6010-6020 South Kingshighway Boulevard in the Princeton Heights neighborhood of South City, St. Louis. Beautiful Art-Deco building constructed in 1940 and fully-renovated in 2013, the Property features a mix of studio, one, two, and three bedroom units. Located in a submarket with historically phenomenal occupancy, allowing investors to acquire a well-performing asset with the opportunity to push rents through further upgrades during the new ownership period. Summary Below:
•Avg. In Place Rents of $1026 is $89 below $1115 market average
•One Studio, Twelve One Bedrooms, Six Two Bedrooms, & Six Three Bedrooms Provide Great Unit Mix
•Currently 92% Occupied
•Exclusive garage parking + gated surface lot (32 spaces) – a rare amenity in this area
•Units feature fully-equipped kitchens w/ stainless steel appliances, hardwood floors, and updated fixtures. •Shared Laundry in the basement – 8 full-size washers and dryers
•Avg. In Place Rents of $1026 is $89 below $1115 market average
•One Studio, Twelve One Bedrooms, Six Two Bedrooms, & Six Three Bedrooms Provide Great Unit Mix
•Currently 92% Occupied
•Exclusive garage parking + gated surface lot (32 spaces) – a rare amenity in this area
•Units feature fully-equipped kitchens w/ stainless steel appliances, hardwood floors, and updated fixtures. •Shared Laundry in the basement – 8 full-size washers and dryers
- Listed by Corey Egan • CBRE Inc.
- Listed by Matt Bukhshtaber • CBRE Inc.
Amenities
- Air Conditioning
- Basement
- Dryer
- Forced Air
- Garage
- Hardwood Floors
- Laundry
- Laundry in Building
LISTING UPDATED: 12/20/2024 10:05 AM
Property Details for 6010 South Kingshighway Boulevard
Status | Active |
---|---|
MLS # | 24076879 |
Days on Market | 2 |
Taxes | $13,156 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1940 |
Lot Size | 1.00 AC / 43,560 SF |
County | St. Louis Independent City |
Building Information for 6010 South Kingshighway Boulevard
Stories-Residences25Year Built1940Building Size-Lot Size1.00 AC / 43,560 SF
Property Information for 6010 South Kingshighway Boulevard
Property History for 6010 South Kingshighway Boulevard
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6010 South Kingshighway Boulevard
Taxable ValueLand$49,740Additions$107,430Total$157,170
Tax Record2020$12,872 ($1,073 / month)
Home Facts
Total Finished SqFt30,000 SqFtAbove Grade Finished SqFt30,000 SqFtUnfinished Basement SqFt7,500 SqFtLot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningACountySAINT LOUIS CITYAPN56440002200
Schools near 6010 South Kingshighway Boulevard
This home is within St. Louis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Buder Elementary School PublicPK to 5 | ||
Long Middle Community Ed. Center Public6 to 8 | ||
Roosevelt High School Public9 to 12 | ||
Busch Ms Character & Athletics Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.